Friday’s 530 point drop in the Dow barely takes us into the technical definition of a stock market correction since reaching its all-time high in May. Richard Sturm’s open letter to clients and friends outlines his observations.
Taking a Loan From Your Retirement Plan May Be a Bad Idea
Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that, because these loans are not only risky but could also jeopardize to your retirement planning.
Mid-Life Money Errors
Between the ages of 40 and 60, many people increase their commitment to investing and retirement saving. At the same time, many fall prey to some common money blunders and harbor financial assumptions that may be inaccurate.
How Might Higher Inflation Affect Your Investments?
What might higher inflation (and correspondingly higher interest rates) mean for your portfolio? Under such conditions, your investments may perform better than you think. But caution may be in order.
Is Your Company’s 401(k) Plan as Good as It Could Be?
Some beneficiaries of the Edison 401(k) Savings Plan took Edison International to court, seeking damages for losses and equitable relief. Here are a few items to consider when reviewing your 401(k).
Is America Prepared to Retire?
Only 48% of Americans say they think they are saving enough. And 30% feel that they are not even slightly confident that they are saving enough for retirement. Here are some tips to help you prepare for retirement.